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Economy and Taxes (7)
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Results in Economy and Taxes from the past 5 years


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The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget includes provisional language authorizing the Department of Finance to augment State Emergency Telephone Number Account fund expenditure authority by amounts “necessary to continue implementation of the Next Generation 9-1-1 system, including transition from the legacy 9-1-1 system, ” subject to 30-day legislative notification.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - For example, the 2024-25 budget eliminated $9  million in General Fund support for CalVIP beginning in 2025-26 due to the anticipation of GVPSS Fund monies being available to support the program instead.
https://lao.ca.gov/Publications/Report/4970

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - The administration estimates this proposal would have an associated General Fund cost of roughly $9  billion, but the actual cost would depend on what vehicle value threshold is established for providing refunds.
https://lao.ca.gov/Publications/Report/4597

Fixing Unemployment Insurance

Dec 2, 2024 - For example, if California had entered the pandemic with equivalently sized reserves, it still would have required a federal loan, but that loan would have reached $9  billion, rather than $20  billion.
https://lao.ca.gov/Publications/Report/4943

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - As of January 9, 2022, about 85 percent of the PPP loans nationwide have been forgiven. Restaurant Revitalization Fund (RRF). The RRF program was created in March 2021 to make grants to eligible restaurants, caterers, and bars that experienced a decline in revenue during the pandemic.
https://lao.ca.gov/Publications/Report/4501

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - For example, by 2026, annual inflation levels ranging from 2 percent to 9 percent are plausible. Key factors contributing to the current uncertainty include the degree to which businesses and workers begin to expect heightened inflation in future years, the degree to which actions by the Federal R eserve to reduce inflation are successful, and changes in geopolitical events affecting food and energy prices.
https://lao.ca.gov/Publications/Report/4647

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - The current debt ‑service ratio of 4. 1  p ercent in 2020 ‑ 21 i s somewhat below the historical average of 4. 9  p ercent in the ten prior years, and well below the peak of 6  p ercent in 2009 ‑10. Does the Proposal Have Other Strong Policy Justifications?
https://lao.ca.gov/Publications/Report/4331